Section: Latest news

The Ministry of Finance of Ukraine intends to present in the near future an updated concept of reforming the State Fiscal Service, which will contain a new set of priorities and plans, according to Finance Minister Oleksandr Danyliuk. ”In the near future, we will present a concept of reforming the SFS, which revises our plans and priorities and...

Farmers of southern Ukrainian regions have started spring grain sowing, seeding the first 600 hectares, the agriculture ministry said on Thursday, The Times of India reported. Farmers plan to sow a total of 7.2 million hectares of spring grains this year, including 2.4 million hectares of early spring grains – barley, spring wheat, oats and peas,...

Ukrainian design bureau Luch has successfully tested a new batch of anti-tank missiles. The company stated that the tests had been carried out carried out according to the customer`s order and were successfully completed. A footage from the range was earlier uploaded on the manufacturer`s YouTube channel. As seen on the video, the anti-tank...

The Finance Ministry expects a loan tranche from the IMF to be allocated within a few days after the meeting of the Executive Board, according to Finance Minister Oleksandr Danyliuk. The Ministry of Finance of Ukraine expects that the fourth bailout tranche in the amount of $1 billion under the Extended Fund Facility, approved with the IMF in...

Two more cases are also expected to reach a jurisdictional ruling soon, lodged with the Arbitration Tribunal in The Hague against Russia by Ukrainian oil companies Ukrnafta and Stabil over seized petrol stations in Crimea, according to Global Arbitration Review. A hearing in those cases took place at roughly the same time as the one in the...

Russian troops fired over 60 mortar mines in Dokuchaievsk area in the Mariupol sector. Mariupol and its eastern outskirts remain the hottest spot. Russian troops violated the ceasefire in Donbas eighty times in the last day massively using heavy weapons, six Ukrainian troops were wounded in action (WIA), according to the press service of the...

Core inflation in Ukraine in February 2017 accelerated to 6.6% in annual terms – compared to February 2016 – against 6.2% in January 2017 from January 2016, according to Ukrainian State Statistics Service`s website. Core inflation in February 2017 accelerated to 0.7% compared to January 2017 against 0.4% in January 2017 from December 2016, the...

Russian presidential press secretary Dmitry Peskov claims Minsk peace agreements dated February 2015, also known as Minsk 2, are considered to be the only document for the settlement of the Donbas crisis, according to an UNIAN correspondent in Russia. ”The Minsk agreements remain the only signed text that is a road map within this intra-Ukrainian...

Ukraine`s Cabinet of Ministers has decided on additional capitalization of state-owned banks, Ukreximbank and Oschadbank, to the tune of UAH 4.7 billion, or about US$175 million, and UAH 5.4 billion, or $200 million, respectively, by issuing 15-year government bonds in exchange for the banks` new shares, according to resolutions Nos. 122 and 123,...

The charges against a South African man and his Ukrainian fiancee, who were detained in Abu Dhabi, the United Arab Emirates, on charges of ”pregnancy outside marriage,” were dropped earlier this week, the Department of International Relations and Co-operation said on Friday, according to South Africa`s News24. ”All charges against the couple have...